LISC-Truist Grants to Help Small Businesses, Families

Thanks to a $5 million grant from Truist Bank, the Local Initiatives Support Corporation (LISC) is addressing the evolving needs of small businesses, nonprofit organizations and families impacted by the COVID-19 pandemic and the related economic downturn.

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The LISC-Truist partnership will help businesses and nonprofits sustain operations as well as bridge the digital divide that prevents millions of people from accessing quality job and educational opportunities in rural and urban communities, including in Pennsylvania.

The partnership will offer:

  • Grants of up to $10,000 each to small business owners, especially in rural communities and to enterprises owned by women and minorities, to help meet their most immediate needs including rent, utilities, payroll, etc.

  • Technical assistance through local partners to help small businesses weather the current crisis and plan for a sustainable future. This includes tips on how to navigate federal, state and local assistance programs as well as private funding sources, in addition a program to help businesses assess and adapt to a new business environment.

  • Cash grants of up to $250 each to households to purchase laptops/tablets, set up and pay for internet, or address other urgent technology needs.

  • Teams of “digital navigators” to help families maximize internet access, including signing up for subsidies/benefits; basic troubleshooting; and enrolling in computer skills programs.

  • Grants to nonprofit organizations through our local partners to upgrade technology infrastructure to deliver services remotely.

  • Technical assistance to connect areas of density (housing developments, senior centers, etc.) to existing broadband infrastructure and to use satellite service to provide Wi-Fi in rural communities without connectivity. 

The next round of small business grant applications will open the first week of June. Register online to get information on the application process.

Before applying, please review the grant information and FAQ.

News, Providers, FamiliesHeidi WinklerLISC, Local Initiatives Support Corporation, Truist Bank, small business grant, family grants, technology grant, non-profit organization, COVID-19